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5358-5360 Wightman Street

San Diego, CA 92105
  • $2,695,000
  • STATUS: ACTIVE
  • ON SITE: 266 Days
  • ID#: 230019047
UPDATED: 120 min ago
$2,695,000
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

5358-5360 Wightman is a 12-unit apartment complex constructed in 1965, gut renovated in 2023. 5358-5360 Wightman Street consists of approximately 3,969 rentable square feet situated on a +/- 7,283 square foot lot. The unit mix consists of five well-laid out 1 Bed / 1 Bath units and seven studio units. The property features all-new mini-split HVAC units, upgraded electrical, and all-new dual-pane windows. The property has been extensively remodeled with all-new quartz countertops, stainless steel appliances, tiled-in bathroom shower enclosures, and LVP flooring throughout all the units.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/143830310
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5358-5360 Wightman Street San Diego, CA 92105

  • Price: $2,695,000
  • Status: ACTIVE
  • On Site: 266 Days
  • Updated: 120 min ago
  • ID#: 230019047
1
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
East San Diego (92105)
County:
San Diego
Area:
East San Diego (92105)
Property Description
5358-5360 Wightman is a 12-unit apartment complex constructed in 1965, gut renovated in 2023. 5358-5360 Wightman Street consists of approximately 3,969 rentable square feet situated on a +/- 7,283 square foot lot. The unit mix consists of five well-laid out 1 Bed / 1 Bath units and seven studio units. The property features all-new mini-split HVAC units, upgraded electrical, and all-new dual-pane windows. The property has been extensively remodeled with all-new quartz countertops, stainless steel appliances, tiled-in bathroom shower enclosures, and LVP flooring throughout all the units.
Interior Features

Sq Ft Of Improvement 3969

Property Features

Actual Cap Rate 6.1 Actual Gross Scheduled Income 228540.0 Actual Operating Expense 57387 Assumable Finance 0 Buildings 2 Complex Features Other/Remarks Gross Equity 0 Gross Multiplier 11.79 Have Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Cash Out Projected Net Income 164455 Unit Number1 5 Unit Number2 7 Unit Rent1 1915 Unit Rent2 1353

San Diego MLS logo Listing provided courtesy of Erik Anderson of NorthMarq Multifamily: 858-395-6935. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team
516 5th Avenue
San Diego CA, 92101